Part 1: Mission, Vision, and Value Statements
The mission statement for Intel Corporation (Intel) is to use the Moore’s Law power to ensure that each person on earth accesses smart connected devices. The mission statement reveals that the company focuses on the need for growing in a strategic manner to allow it acquire the world market. The main traits of the company’s mission statement comprise of Moore’s Law power, smart and connected gadgets, and each individual on earth. The initial trait emphasizes on defining a segment of the organization’s strategy, while utilizing the Moore’s Law. The law stipulates that the count of transistor in integrated circuit chips grow by double between one and two years. This mission statement’s feature serves as a direct tactical guide for developing the company’s products (Intel Corporation a, 2018) . By contrast, the second trait reflects the vision statement when it come sot determining the output of the organization. Nevertheless, the mission statement appears more specific when it comes to including ‘gadgets” in this feature. Additionally, the target market in the mission statement of Intel appears in the third trait (Rowland, 2017) . For instance, based on “each individual on earth,” the corporation targets the international microprocessors and semiconductors market together with other associated computing technologies.
The vision statement for Intel is that “if a device is smart and connected, it is ideal with Intel. For this vision, it serves as a general description of the activities that the firm undertakes. The major traits of the organization’s vision statement comprise of smart and connected, as well as best with Intel. The initial trait of the vision illustrates the organizational output of Intel. For instance, smart and connected gadgets comprise of mobile computing gadgets that6 utilizes the processors that the company manufactures. This feature defines the various product type that Intel anticipates to offer the market. The second trait illustrates the organization’s capability (Rowland, 2017) . The “best with Intel” phrase reveals that Intel perceives itself as a company best capable and qualified in offering smart as well as connected devices.
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Concerning the values of Intel, they revolve around quality, risk taking, all-inclusive workplace, discipline, customer orientation, and results orientation. On quality, Intel exercises solid commitment toward unending improvement and quality. It extends the commitment to all organizational levels, while striving to realize highest excellence standards, learning continuously, doing the right things appropriately, developing, improving, as well as taking price in the work it does. Regarding risk raking, the organization understands that it is not possible to avoid certain failures, since some trials lead to disappointments whereas others result to favorable outcomes. As such, Intel strives to adopt a growth mindset in the activities it undertakes, foster creative thinking and innovation, adopt change, and listen to differing viewpoints and ideas, learn from mistakes and successes, and encourage risk taking. Pertaining to an all-inclusive workplace, Intel believes that a challenging and productive work setting contributes to its successes. To realize these, the organization fosters a candid, open, and respectful attitude with each other. Establishing trust and sustaining trust are vital in a varied workforce and global setting. The company focuses on offering an environment that encourages the workforce to come to work on a daily basis. Thus, it establishes an all-inclusive work setting, which supports diversity, equal treatment, teamwork, respect, fairness, fun, and trust (Intel Corporation b, 2018) . The work environment also recognizes as well as rewards accomplishments while at the same time managing performance in a firm and fair manner.
Furthermore, when it comes to the issue of discipline, Intel’s workforce pride themselves in the capacity for making and meeting commitments by communicating their expectations and intentions clearly. Intel strives to undertake its business operations with uncompromising professionalism and integrity, while ensuring a clean, safe, and comfortable workplace. It also lays emphasis on the capacity for making and meeting commitments, planning properly, funding staff projects, ensuring company information remains secure, and paying significant attention to detail. Discipline serves as the key to planning. On manners related to customer orientation, the understanding of Intel regarding this concept goes past undertaking business operations in the workplace. Intel lays tremendous emphasis in listening and responding to its team members in a supportive manner. It ensures to listen to its suppliers, customers, and stakeholders in line with communicating mutual anticipations and intentions clearly, which allow the company to deliver competitive and innovative products and services. These allow employees to find working at Intel easy and boost customer satisfaction. Lastly, in the area of results orientation, Intel ensures to set competitive and challenging goals, emphasize on output, execute in a flawless manner, and assume responsibility. To assist in driving this process, Intel focuses on encouraging all its team members to assume responsibility in line with confronting and addressing inevitable challenges that prevail (Intel Corporation b, 2018) . The constructive confrontation approach by Intel has allows the company to identify any problems early, allowing it to address them in a quick and efficient manner.
For the mission, vision, and value statements by Intel, they accurately reflect what the organization does. In the case of the mission statement, for instance, it offers sufficient details that illustrate the business of the company together with the important role it plays for the global microprocessors and semiconductors’ market. The vision relates to the business of Intel, although additional details would facilitate in fostering increased understanding regarding Intel’s core business processes. Concerning the firm’s values, they define Intel and how it acts as an organization and employees, which offer reveal something for living by on a daily basis. The values speak for each stakeholder within the diverse organization. The organization has followed these statements keenly, which have allowed it to emerge as the dominant manufacture of semiconductors and microprocessors for mobile computing gadgets. They presently meet the requirements of the organization to serve the global market hence no need for updating them presently, but need regular assessments to ensure they match the goals of the company to meet the needs of the global market.
Part 2: States Policy on Corporate Social Responsibility
Intel deploys its Corporate Social Responsibility (CSR) to allow it to support is business activities. Companies should ensure to address the social influences they have on their stakeholders. The stakeholders comprise of the groups, individuals, and organization that a company affects. Corporate social responsibility is vital for organization due to the influences that the stakeholders on the performance of an organization through forces, such as brand loyalty and perception of consumers. When it comes to Intel, it addresses responsibilities via various programs or initiatives. In part, the organization accomplishes its corporate citizenship via the Intel Foundation (Lombardo, 2017) . The Intel Foundation is the main institution in which the corporation reaches a number of its stakeholders while at the same time deploying CSR initiatives to satisfy the interests of the stakeholders. As the leader company in the semiconductor segment, Intel should make sure that it satisfies these diverse interests. Establishing positive relations with stakeholders boosts the performance of the organization, especially via customer loyalty and increased brand awareness (CSR News, 2018) . Intel responds to the market and social forces by adjusting its CSR approach to ensure that it supports the performance of the business effectively and for the longer term.
Intel’s stakeholders impose tremendous pressure to the company to meet anticipations of leadership, financial performance, as well as other business aspects. For instance, the corporation faces pressure on matters related to sustainability, since it needs to address the impact that the business has on communities. The company needs to make sure that it looks into these areas of its semiconductor business to allow it develop a comprehensive as well as successful CSR approach (Lombardo, 2017) . The major reason for this is that Intel’s stakeholders have differing concerns and interests. These influence the financial stability, market performance, and Intel as an organization in diverse ways. For instance, the demands that a single stakeholder group makes might be more vital to the CSR strategy of a company unlike the case of the requirements by other groups of stakeholders (Intel Corporation c, 2018) . This situation arises since stakeholders have contrasting influences on Intel, particularly on matters related to financial performance and revenues, in line with product competitiveness, consumer perception, and brand image (Lombardo, 2017) . In this vein, the corporate citizenship of a company lays tremendous emphasis on initiatives and programs for stakeholders having major impact to a business. The major stakeholders impacted by Intel’s CSR comprise of the customers and the community.
When it comes to consumers, the CSR approach by Intel ensures that consumers are accorded highest priority. For this stakeholder group, it directs tremendous interest to the price and quality of the products that the company provides. Customers are vital since they influence the profitability and revenues that Intel generates, hence its overall financial performance. To deal with these kinds of interests, Intel followed a product stewardship goal, which aims at making sure that consumers receive products that are high in energy efficiency. For this goal, it rhymes with the vision and mission statement of Intel (CSR News, 2018) . It creates microprocessors of high-energy efficiency to ensure that it satisfies the interests of its consumers pertaining to improved battery charging. Additionally, Intel keeps boosting the environmental impact as well as sustainability of its products, which serve as a part of its CSR efforts. For this initiative, it satisfies the concerns of the stakeholder group in terms of the products’ friendliness to the environment (Intel Corporation c, 2018) . In this perspective, the CSR strategy that Intel adopts plays an essential role in meeting its corporate citizenship goals. These goals pertain to satisfying the consumers’ interests because they serve as the most vital organizational stakeholders.
Regarding the public interests, emphasis on the communities serves as a key goal toward allowing Intel to accomplish its CSR initiatives. The Intel Corporation comprises of communities in its CSR approach. As stakeholders, the public is significant because it influences the corporate image of a company in line with the perception that consumers have toward the company. The interests of these kinds of stakeholders comprise of the sustainability of the Intel business in line with the support it offers toward the development of the community (Intel Corporation c, 2018) . For Intel, it meets the requirements of these groups via the Intel Foundation together with the diverse corporate citizenship programs it deploys. For instance, the Foundation offers grants for programs as well as institutions that specialize in promoting diversity within the community, developing the skills of disadvantaged young individuals, and equal leadership development between genders. Furthermore, Intel deploys program aimed at increasing access to the Internet worldwide while at the same time making sure that it deploys sustainability efforts aimed at reducing the negative influence that business has on communities. These programs reveal the manner in which the Intel applies its CSR strategy in an effective manner (Lombardo, 2017) . Overall, the CSR engagement activities by Intel align with its mission, vision, and values statements mostly because it ensures that individuals all over the world gain access to smart and connected devices, while making sure that it defines its stakeholders in terms of their diverse requirements.
References
CSR News. (2018). Intel's corporate social responsibility highlighted. Retrieved from http://www.csrwire.com/press_releases/25551-Intel-s-Corporate-Social-Responsibility-Highlighted
Intel Corporation a. (2018). What are Intel's mission statement, values, and objectives? Retrieved from https://www.intel.com/content/www/us/en/support/articles/000015119/programs.html
Intel Corporation b. (2018). Intel's values. Retrieved from https://www.intel.com/content/www/us/en/corporate-responsibility/our-values.html
Intel Corporation c. (2018). Corporate social responsibility. Retrieved from https://www.intel.com/content/www/us/en/corporate-responsibility/corporate-responsibility.html
Lombardo, J. (2017). Intel’s Corporate social responsibility strategy & stakeholders. Retrieved from http://panmore.com/intel-corporate-social-responsibility-strategy-stakeholders
Rowland, C. (2017). Intel Corporation’s vision statement & mission statement. Retrieved from http://panmore.com/intel-corporation-vision-statement-mission-statement
